Reading this: Ministers have imposed new curbs on councils using cheap borrowed cash to stake multimillion-pound bets on the commercial property market.
Local authorities must take more care to avoid undue risk when making investment decisions under guidelines from Sajid Javid, the housing, communities and local government secretary.
Councils are also under a new obligation to ensure that relative amateurs are not staking huge bets as they chase returns to replace revenue lost through government cuts.
Councils spent almost £2.8 billion on land and building in 2016, more than double the figure for the previous year. The trend, exposed in an investigation by The Times, sparked fears that low-cost Treasury loans available to local councils are fuelling a dangerous boom.
Will this affect Joe Anderson's attempts to help with the new stadium?